The research report on Global Advanced Materials and Nanotechnology Market 2020 keenly analyzes significant features of the industry. The analysis servers market size, latest trends, drivers, threats, opportunities, as well as key market segments. It is based on past data and present market needs. Also, involve distinct business approaches accepted by the decision makers. That intensifies growth and makes a remarkable stand in the industry. The Advanced and Nanotechnology Market size is forecast to reach $ 121.80 Billion by 2025, after growing at a CAGR of 14.3% during 2020-2025. The growth of the global nanotechnology market is driven by factors such as the rise in nanotechnology adoption in medical diagnosis & imaging and technological advances in nanotechnology devices. In addition, rising government support and R&D funding and the advent of self-powered nanotechnology devices are providing lucrative opportunities for the nanotechnology market. Furthermore, overall increases the growth of the Nanotechnology Industry over forecast period.

Electronics and Semiconductor sector has been the primary market for Nanotechnology for many years and is expected to grow at the CAGR of 16.4% over the forecast period from 2020 to 2025. The production and demand in top countries for electronics & semiconductor industry are expected to boom over the next five years. The emergence of developing nations with increasing penetration of consumer electronics fuels the market growth. As nanotechnology has wide range of applications in this sector, the market is estimated to grow at a significant rate during the forecast period. Some of the recent trends of semiconductor that has raised the demand for more semiconductors are the fabrication of artificial intelligence chips which can be used in several applications like smartphones for facial recognition, voice commands, and image-processing. China exports around 50% of the worldwide technology supply chain; hence the global tech sector is predicted to face massive disruptions because of the spread of the coronavirus and its effects on production in China. The outbreak has already valued at 12% decline in smartphone production, while smart watch production set down a drop of about 16%. Laptops, PCs and smart speakers are other products that have set down significant declines.